House price inflation, pension funds transparency and military lessons for workplaces

Business Today: the best news, analysis and comment from The Irish Times business desk

House price inflation is expected to remain at double-digit levels for much of 2022 as the mismatch between what is for sale and what buyers want continues.

Two new reports on the Irish housing market paint a picture of a sector under strain due to a lack of supply and increased demand driven by Covid-related factors such as remote working. Eoin Burke-Kennedy reports.

Pilita Clark says, in her Monday column, that the workplace could learn a lot from military practices.

A new, regulator-backed cost transparency initiative which will allow pension funds and other asset owners compare the fees charged by money managers operating in the Irish market has been established by UK analytics company ClearGlass. Eoin Burke-Kennedy has the details.

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The US backers of a proposed Shannon Estuary liquefied natural gas (LNG) terminalhave called on Kerry councillors to bolster the case for the €650 million project before planners hand down a key ruling in September. Arthur Beesley reports.

Conall Bolger, chief executive of the Irish Solar Energy Association, writing in our weekly opinion slot, says that Irish people are paying more for their electricity than they need to and, crucially, they are paying a lot more for renewable electricity than should be the case.

Business and consumer sentiment in Ireland has fallen in the wake of Russia's invasion of Ukraine, writes Eoin Burke-Kennedy. Bank of Ireland's latest "Economic Pulse" index, which tracks business and consumer sentiment, fell nearly four points to 84.4 in March and but was still tracking up on this time last year when the economy was mired in Covid-related restrictions.

Eoin Burke-Kennedy tell us that we are all, in fact, complicit in the brutal treatment meted out to the P&O employees.

With energy prices soaring and fears mounting over access to oil and gas, Cliff Taylor, on our Inside Business podcast, speaks to Muireann Lynch, energy economist with the ESRI and Gerard Brady, chief economist at Ibec about the potential impact of EU embargoes on Russian energy supplies. Later on, Cliff is joined by Kevin O'Donovan, managing director at Statkraft Ireland and senior vice president of the company's wind and solar activities across northern Europe. They speak about Statkraft's Irish offshore wind project, North Irish Sea Array and the future of renewable energy in Ireland.

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Conn Ó Midheach

Conn Ó Midheach

Conn O Midheach is Assistant Business Editor - Digital of The Irish Times